Press release
Sustainable Palm Oil Market to Reach USD 1.359 Billion by 2032, Growing at a 4.50% CAGR from 2024 to 2032, Driven by Rising Global Demand
MRFR
Global sustainable palm oil market is experiencing significant growth, driven by increasing consumer awareness and stringent environmental regulations. Valued at approximately USD 0.9 billion in 2023, the market is projected to reach USD 1.359 billion by 2032, with a compound annual growth rate (CAGR) of 4.50% during the forecast period.
[https://www.marketresearchfuture.com/reports/sustainable-palm-oil-market-21595]was valued at USD 0.9 Billion in 2023. The sustainable palm oil industry is projected to grow from USD 0.95 Billion in 2024 to USD 1.359 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2024 - 2032).
Image: https://www.abnewswire.com/upload/2025/02/20d045c97f33c113940724d2cb855305.jpg
Palm oil, a versatile and widely used vegetable oil, is integral to various industries, including food and beverage, cosmetics, and biofuels. However, its production has been associated with deforestation, habitat loss, and significant greenhouse gas emissions. In response, sustainable palm oil initiatives have emerged, aiming to balance industry demands with environmental conservation.
Certification programs like the Roundtable on Sustainable Palm Oil (RSPO) play a pivotal role in promoting sustainable practices within the industry. These programs set stringent criteria for environmentally responsible palm oil production, ensuring that certified producers adhere to standards that minimize deforestation and protect biodiversity. As a result, certified sustainable palm oil is gaining preference among consumers and manufacturers committed to ethical sourcing.
"Free Sample Copy" - Access a complimentary copy of our report to explore its content and insights: [https://www.marketresearchfuture.com/sample_request/21595]
The Asia-Pacific region, particularly Indonesia and Malaysia, dominates global palm oil production, accounting for approximately 90% of the supply.
Indonesia, the world's largest producer, has implemented policies to increase the biodiesel blend to 40% palm oil-based fuel by 2025, aiming to reduce reliance on imported fossil fuels and support the palm oil industry.
This policy is expected to tighten global palm oil supplies, potentially leading to higher prices.
Conversely, Malaysia has decided against increasing its biodiesel blend from the current 10% to 20%, citing the high costs of necessary infrastructure development.
This decision reflects a cautious approach, balancing industry growth with economic considerations.
In major consumer markets like India, shifts in import patterns are evident. For the first time, India's annual palm oil imports are projected to fall behind those of soft oils such as soybean and sunflower. This trend is attributed to the rising prices of palm oil compared to alternatives, prompting refiners to opt for more economical options.
Key companies in the sustainable palm oil market include
* Golden Agri Resources Limited
* Hap Seng Plantation Holdings BerhadSIPEF Group Belgium
* Kuala Lumpur Kepon
* IOI Corporation Berhad
* Sime Darby Plantation Sendirian Berhad
* New Britain Palm Oil Limited
* Wilmer International Limited
* Cargill
* Kulim Berhad
Sustainable Palm Oil Industry Developments
October 2023: Planet Palm is a new line of RSPO-certified sustainable palm oil products designed specifically for UK bakery and food makers, offered by KTC Edibles Ltd (KTC), the leading edible oil supplier in the UK. Planet Palm Oil is among the first products available; specialty products with a focus on sustainability and traceability include Planet Palm Cake Margarine, Pastry Margarine, and Shortening. By promoting sustainable practices, the launch seeks to dispel myths about palm oil.
October 2022: Thailand Sustainable Palm Oil Alliance (TSPOA) was introduced by the Roundtable on Sustainable Palm Oil (RSPO) and the Thailand Environment Institute (TEI) to encourage cooperation amongst palm oil sector participants in Thailand. Through the cooperation, ethical palm oil production will be encouraged countrywide and sustainable practices will be advanced. International sustainability standards are crucial, according to RSPO CEO Joseph D'Cruz.
"Proceed to Buy" - Move forward with your purchase and gain instant access to the complete report: [https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=21595]
Such shifts could influence global palm oil prices and trade dynamics, underscoring the importance of competitive pricing and sustainable practices.
Environmental concerns remain central to the sustainable palm oil discourse. The expansion of palm oil plantations has historically led to deforestation and habitat loss, notably impacting biodiversity-rich regions. Efforts to mitigate these effects include enforcing deforestation-free sourcing and protecting critical ecosystems. Collaborative initiatives among governments, NGOs, and industry stakeholders are essential to promote reforestation and sustainable land-use practices.
Despite these efforts, challenges persist. Critics argue that certification programs like the RSPO need to enforce stricter standards and ensure compliance to effectively curb environmental degradation.
Additionally, the economic implications of transitioning to sustainable practices can be significant, particularly for smallholder farmers who may lack the resources to implement necessary changes.
The future of the sustainable palm oil market hinges on balancing economic growth with environmental stewardship. As consumer awareness continues to rise, demand for sustainably sourced products is expected to grow, incentivizing producers to adopt eco-friendly practices. Technological advancements in sustainable agriculture, coupled with supportive policies and international cooperation, will be crucial in shaping a resilient and responsible palm oil industry.
How much is the sustainable palm oil market? The sustainable palm oil market size was valued at USD 0.95 Billion in 2023.
What is the growth rate of the sustainable palm oil market? The market is projected to grow at a CAGR of 4.50% during the forecast period, 2024-2032.
Discover more Research Reports on [https://www.marketresearchfuture.com/categories/food-beverages-nutrition-market-report]Industry, by Market Research Future:
[https://www.marketresearchfuture.com/reports/freshwater-fish-market-11675]
[https://www.marketresearchfuture.com/reports/light-beer-market-19247]
[https://www.marketresearchfuture.com/reports/united-states-mattress-market-20703]
[https://www.marketresearchfuture.com/reports/home-use-air-purifiers-market-21384]
[https://www.marketresearchfuture.com/reports/india-frozen-foods-market-20705]
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact Us:
Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK)
Email: info@marketresearchfuture.com [mailto:info@marketresearchfuture.com]
Follow Us: LinkedIn [https://www.linkedin.com/company/market-research-future] | Twitter [https://x.com/MRFRresearch]
Website: https://www.marketresearchfuture.com/
https://www.wiseguyreports.com/
https://www.wantstats.com/
Media Contact
Company Name: Market Research Future
Contact Person: Media Relations
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=sustainable-palm-oil-market-to-reach-usd-1359-billion-by-2032-growing-at-a-450-cagr-from-2024-to-2032-driven-by-rising-global-demand]
Country: United States
Website: https://www.marketresearchfuture.com
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sustainable Palm Oil Market to Reach USD 1.359 Billion by 2032, Growing at a 4.50% CAGR from 2024 to 2032, Driven by Rising Global Demand here
News-ID: 3891133 • Views: …
More Releases from ABNewswire
AI-Powered Santa Videos Turn Screens Into Real Christmas Magic for Families This …
As families look for more meaningful, screen-based traditions, LiveImage AI is transforming how children experience Santa Claus with personalized AI-powered Santa video messages that feel like they're straight from the North Pole.
Last year, LiveImage AI produced over 1,200 customized Santa video [https://liveimage.ai/santa] messages, each uniquely tailored to the child who received it. Parents reported that these videos became an instant holiday ritual-played on repeat, shared with grandparents, and saved as…
Vincent Clinic Unveils New Insights on Treatments and Their Role in Enhancing Lo …
Because of how easy it is and how quickly the results come in, Bangkok has become a number 1 destination for those seeking out botox and cosmetic procedures. Most people don't aim to change their appearance; they want softer, smoother, more expressive skin.
If you want to preserve the longevity of the cosmetic results, having some background knowledge in longevity and choosing the right provider for Botox Bangkok [https://vincent.clinic/en/service/detail/botox] is very…
Vincent Clinic Shares Essential Tips to Help Clients Get the Most Out of Their A …
There is no denying that Botox and other non-surgical cosmetic treatments have gained enormous popularity. Thanks to the first-rate medical esthetics clinics, acquiring these services in Bangkok is a walk in the park. Regardless, to make that expensive cost worthwhile, it is essential to learn how to get the most out of your Botox treatment.
Getting Botox is a rather uncomplicated and straightforward procedure to complete, and that typically leaves first-timers…
In a crowded luxury villa space, Haute Retreats is quietly rewriting the rules
Image: https://www.abnewswire.com/upload/2025/11/14b1e262b39b5573183045cbcf5cb7b2.jpg
When the sun rises over Anguilla's Meads Bay, the island is almost disarmingly still. The surf is soft, the palm trees barely move, and the only real commotion is inside one of the low-slung villas tucked discreetly above the sand. A private chef is plating breakfast for a family that has, by design, nowhere they urgently need to be: calls taken from a shaded terrace, teenagers drifting between the…
More Releases for Palm
Palm Oil and Palm Oil Residual Market Insights, Size, Status and Forecast to 203 …
HTF MI Latest Study on Palm Oil and Palm Oil Residual Market Insights, Size, Status and Forecast to 2033. A detailed study accumulated to offer the Latest insights about acute features of the Palm Oil and Palm Oil Residual market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this…
Palm Palm Kernel Oil Market Report 2024 - Growth, Share and Opportunities
The palm and palm kernel oil market plays a vital role in the edible oil and fats industry. Extracted from the fruits and seeds of the oil palm tree, palm oil and palm kernel oil are widely used in food, personal care products, biodiesel, and industrial applications. With rising demand for vegetable oils, the market for palm and palm kernel oil has expanded significantly, despite environmental and ethical concerns.
The Palm…
Palm and Palm Kernel Oil Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Palm and Palm Kernel Oil Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Palm and Palm Kernel Oil players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Palm…
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market
The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,…
Palm Oil Market Size with Quality Things: Palm kernel oil, Crude palm oil, Palm …
Palm Oil Market By Product And Application - Global Industry Analysis And Forecast To 2023.
Competitive Insights:
The leading players in the market are Golden Agri-Resources, Astra Agro Lestari, Cargill India Private Limited, IOI Group, Wilmar International, Sime Darby, Godrej Agrovet and United Palm Oil Industry Public Co Ltd. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent…
Palm Oil Market expected to Grow at CAGR of 7.6% | Industry Analysis and Forecas …
Crystal Market Research Published a report on “Palm Oil Market By Product (Palm Kernel oil, Crude Palm Oil, Palm Kernel cake ) Application(Cosmetics, Lubricants, Edible oil, Bio-diesel, Surfactants) Global Industry Analysis And Forecast To 2023” which is expected to grow at CAGR of 7.6% by 2023.
Palm Oil Market: Market Overview
The Palm Oil Market has encountered significant development in the recent years and is anticipated to grow tremendously over the…
